State money for Carnival under pressure

...when asked about the company’s sponsorship of steelabnds. NGC currently sponsors the NGC Nightingales, NGC Couva Joylanders and NGC Street Explosion. The company also sponsors a fourth band Gonzales Sheikers, a single pan steel Orchestra from Belmont.

Punnett said the terms of the agreement for sponsorship are governed by a three-year agreement dating from October 2013 to 2016. That agreement, announced by former NGC President Indar Maharaj, was valued at $4.5 million. Maharaj was dismissed from the company earlier this week.

Asked whether the budget for sponsorship would be cut, Punnett said: “NGC is very mindful of the economic situation and would make adjustments as required, taking into consideration its social commitments, discussions with stake holders and financial position.”

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  • reality steps in-

    • Evan: And we eh even hit the ROUGH WATERS yet!

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